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Air India, Nippon Airways join hands for travel between India and Japan 10 killed as two Malaysian Military copters crash GST - s.107(11) - There is no fetter on the powers of the appellate authority to modify the order passed u/s 130(2) by the adjudicating authority: HC SC grills Baba Ramdev & Balkrishna in misleading ad case CBDT amends jurisdiction of Pr CCITs in many cities GST - Statutory mandate of sub-section (4) of Section 75 is that a personal hearing should be provided either, if requested for, or if an order adverse to the taxpayer is proposed to be issued: HC CCI invites proposal for launching Market Study on AI and Competition GST - Documents with regard to service of notice could not be located; that impugned orders came be to be passed without an opportunity being granted to Petitioner to submit documents and being heard - Matter remanded: HC India initiates anti-dumping duty probe against import of Telescopic Channel drawer slider from China AFMS, Delhi IIT ink MoU for collaborative research & training CX - The activity of waste water treatment is part of manufacturing activity and any activity which is directly or indirectly in relation to manufacture would be eligible for credit: CESTAT DoP&T notifies fixation of Himachal IPS cadre strength and amendment in pay rules India, Cambodia ink MoU for HRD in Civil Service Bengaluru Airport Customs seizes 10 yellow anacondas from check-in baggage ST - Appellant has collected some service tax from service recipient, which has been deposited with Department, same shall not be refunded to appellant: CESTAT Delhi daily air traffic goes beyond 4.7 lakh pax Govt organizing National Colloquium on Grassroots Governance 2 Telangana students killed in road accident in US I-T- Addl. Commr. or above ranking officer to probe how I-T portal reflected demand being raised against assessee, despite Revenue not having issued any notice or passed any order against assessee: HC Another tremor of 6.3 magnitude visits Taiwan; shakes tall buildings I-T- Donations given out of accumulated funds u/s 11(2) are not allowable as application of income for charitable or religious purposes and the same shall be deemed to be income of assessee : ITAT You are arrogant Mr Musk, says Australian PM over Sydney stabbing video ban United Health reports theft of huge Americans’ data I-T - Travelling conveyance expenses should be disallowed to extent of bills which were not verifiable and have no nexus with business of assessee: ITAT Earth Day: Biden announces USD 7 bn grant for rooftop solar panels OECD to release annual report on Tax Inspectors without Borders on April 29 EU introduces easy Schengen Visa rules for Indians I-T- Leasehold rights in land are not within purview of section 50C of Act : ITAT


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New Delhi, April 26, 2018 I-T - One time membership fees paid to National Stock Exchange for getting registered as broker, is capital expenditure: HC

Mumbai, April 26, 2018 ST - When review order and appeal of revenue has not disputed portion of order dropping demand, revenue cannot, in hearing, before Tribunal dispute same: CESTAT

Ernakulam, April 26, 2018 I-T - Direct debit of commission by foreign agents before transferring sale considerations, makes exporters ineligible for benefit of Sec 80HHC(2): HC

Mumbai, April 26, 2018 ST - Agreement is for supply of materials and cannot, by any stretch of imagination, be considered as an agreement for rendering services - amount of advance received cannot become part of value: CESTAT

New Delhi, April 25, 2018 I-T - Payment made to acquire trade mark which facilitates entry into a particular market is revenue expenditure: HC

New Delhi, April 25, 2018 I-T - Interest income earned from deposit of share application money statutorily required to be kept in separate account is incidental in nature and assessee is entitled to set it off against expenses relating to public issue: SC

New Delhi, April 25, 2018 I-T - While making invocation of Sec 147 conditional, Legislature does not intend to allow Revenue to adopt liberal interpretation of expression 'reason to believe': SC

Kolkata, April 25, 2018 I-T - Infra companies having exposure to substantial risk connected with construction projects, are eligible for Section 80-IA benefits: ITAT

Mumbai, April 25, 2018 CX - Present appeal has been filed in routine manner without application of mind: CESTAT

New Delhi, April 24, 2018 I-T - When FMV is higher than actual consideration received towards transfer of capital asset, under-statement of such amount as 'full value of consideration' not permitted : HC

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April 23, 2024

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